June 24, 2012
Merkel's Choice: Europe or Austerity
Ben Fox, New Statesman
Everybody knows how this saga ends – either Merkel will back down or the euro falls apart. Ultimately, it is up to Germany, and to Angela Merkel, what path to choose. Will it be Europe or austerity? Either way, at least one of the country’s sacred cows will have to be slain.
TAGGED: Eurozone, Germany, Angela Merkel